MIAMI—Tampa's office market continues heating up, including niche submarkets that have evolved over the years. Case in point: Franklin Street arranged a 21,500-square-foot of class A office space in Tampa's historic Ybor City neighborhood.
TransferWise, an international peer-to-peer money transfer service with US headquarters in New York City, is occupying the office space. TransferWise signed a long-term lease for the first two floors and a portion of the basement at the former M. Stachelberg & Co. cigar factory located at 2000 East 11th Avenue.
Chris Butler, managing director of office and industrial agency leasing for Franklin Street, represented the building's owner based out of Florida. Franklin Street is marketing the remaining 10,000 square feet of office space available for lease on the third floor.
“Ybor provides a unique environment for many creative-type companies who want to take advantage of the live, work and play amenities that Ybor now offers,” Chris Butler, managing director of office and industrial agency leasing, Franklin Street, tells GlobeSt.com. “The property is also within close proximity to Tampa's major highways.”
2000 East 11th Avenue features historical architecture and offers many amenities including large conference rooms, storage areas, workplace noise masking machines and free parking in a gated and secured on-site lot. The property is located one block south of Interstate 4 and provides direct access to Interstates 75 and 275.
Built in 1894, the three-story, 36,640-square-foot building was extensively renovated in 1994 and 2006. TransferWise, which has six offices around the world, plans to relocate 70 employees to the new office space and expand its operations in Tampa. The office expansion will allow the company to comfortably accommodate up to 90 workers by 2019.
“The building was recently purchased in July as the prior tenant was vacating, and we're thrilled to be able to lease it with an excellent company like TransferWise and to do so as quickly as we did,” says Butler. “The building's existing infrastructure, strong ownership and recent capital improvements also generated heavy interest from potential tenants.”
MIAMI—Tampa's office market continues heating up, including niche submarkets that have evolved over the years. Case in point: Franklin Street arranged a 21,500-square-foot of class A office space in Tampa's historic Ybor City neighborhood.
TransferWise, an international peer-to-peer money transfer service with US headquarters in
Chris Butler, managing director of office and industrial agency leasing for Franklin Street, represented the building's owner based out of Florida. Franklin Street is marketing the remaining 10,000 square feet of office space available for lease on the third floor.
“Ybor provides a unique environment for many creative-type companies who want to take advantage of the live, work and play amenities that Ybor now offers,” Chris Butler, managing director of office and industrial agency leasing, Franklin Street, tells GlobeSt.com. “The property is also within close proximity to Tampa's major highways.”
2000 East 11th Avenue features historical architecture and offers many amenities including large conference rooms, storage areas, workplace noise masking machines and free parking in a gated and secured on-site lot. The property is located one block south of Interstate 4 and provides direct access to Interstates 75 and 275.
Built in 1894, the three-story, 36,640-square-foot building was extensively renovated in 1994 and 2006. TransferWise, which has six offices around the world, plans to relocate 70 employees to the new office space and expand its operations in Tampa. The office expansion will allow the company to comfortably accommodate up to 90 workers by 2019.
“The building was recently purchased in July as the prior tenant was vacating, and we're thrilled to be able to lease it with an excellent company like TransferWise and to do so as quickly as we did,” says Butler. “The building's existing infrastructure, strong ownership and recent capital improvements also generated heavy interest from potential tenants.”
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